Hello, I'm new to wholesaling and I have a deal out in Detroit looking to connect with buyers I need one by the end of the month. What is the best method to finding cash buyers?
Hey, I'd be happy to take a look! If you already have the house under contract, I can review the numbers and see if I can help you on the dispo side. I work with buyers in different markets, so if it's a solid deal, there's a good chance we can help get it moved. Feel free to send me the details!
Hello, I'm new to wholesaling and I have a deal out in Detroit looking to connect with buyers I need one by the end of the month. What is the best method to finding cash buyers?
@Tamia Mitchell, since you're trying to find a buyer before the end of the month, I'd start by reaching out to local Detroit investor groups, experienced wholesalers, and agents who regularly work with cash buyers. I'd also ask interested buyers for proof of funds so you know they're in a position to close.
I'm a real estate attorney and investor based in Maryland, and I work with clients on contracts and property transactions. One thing I always encourage investors to do is review their purchase agreements carefully, especially the assignment terms and closing deadlines. Finding a buyer is important, but making sure the deal can move forward properly matters just as much.
I appreciate you sharing this, @Tamia Mitchell. Getting started in wholesaling can involve a lot of moving parts, and it's good that you're reaching out for connections. Happy to stay connected!
@Tamia Mitchell one thing that helps on a deadline: when you talk to buyers, write down what each one actually buys, not just their name and number. Area, price range, condition they'll take, and when they last closed. Then you can send this deal to the few who fit instead of blasting everyone, and the same list is ready for your next one. Recent cash sales in that zip are also a good way to find who is actually buying there right now.